Browse
related articles
Iran seeks to be gasoline exporter
- Iran: Thursday, July 29 - 2010 at 10:08
Iran's oil minister Massoud Mirkazemi has said the country will become a gasoline exporter in the next four years, playing down the impact of new sanctions which are curbing its ability to import the refined fuel, Reuters has reported. The Islamic republic aims to avert any gasoline shortages by suppressing demand and increasing refining capacity, something which the minister said would reverse Iran's current position as a net importer. "It is predicted that Iran's gasoline production capacity will increase to 170 million litres per day by the end of (Iranian year) 1392 (March 20, 2014) and the country's need for gasoline in that year will not be more than 66 million litres per day. Therefore Iran will become a gasoline exporter," Mirkazemi said.
Related Content
Article Options
StaffThursday, July 29 - 2010 at 10:08 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
